GBY/JPY has been in a down trend all week due to JPY being a safe haven pair and cornavirus market broke to the upside on the 4 hour time frame so i drew my fib and found it was pushing up towards the 0.618 fib retracment zone which also was a psyc level and also a reistance level i then went down into the 1 hour time frame and seen it had broken structure to the up side and was coming into a pullback on the 4 hour time frame first entry is when price failed to break this psyc level/reistance level and well respected fib retracement level small stop loss of 35 pips for 120pip gain my second entry was on the 1 hour time frame were previous support was broken and then market came to test and get rejected twice on the 15 min timeframe i alreaydy knew market was in a down trend so that was another confirmation for me to enter this entry i had to set a bigger stop loss incase market pushed up towards my first entry where resitance once before literally no draw down for another 120 pip gain
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